Org.nr 993 346 268 2019 → 2020 Year-over-year analysis

ADVOKATFIRMAET HALS AS: årsregnskap 2020 vs 2019

Grew 28% on revenue, weaker earnings

approved 2021-04-30; registry 2021-05-03; journal 2021 255568

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKATFIRMAET HALS AS. Revenue 2.76m NOK → 3.53m NOK (+28.2%). Net result +972.9k NOK → +552.3k NOK.

On the constructive side: revenue rose; operating result improved. Pressures included: net result weakened; cash fell.

Mixed year — gains and pressures both show up.

Scorecard

Revenue
2.76m NOK 3.53m NOK
+28.2%
Operating result
+1.23m NOK +1.98m NOK
+61.8%
Net result
+972.9k NOK +552.3k NOK
-43.2%
Equity
n/m 1.77m NOK
—
Cash
3.05m NOK 2.29m NOK
-24.8%
Total assets
4.04m NOK 3.78m NOK
-6.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.76m NOK to 3.53m NOK (+28.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +1.23m NOK → +1.98m NOK (op. margin 44.5% → 56.1%). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +972.9k NOK → +552.3k NOK (net margin 35.3% → 15.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 3.05m NOK → 2.29m NOK (-24.8% YoY). Calculated